The surprise surge was led by traders, and by bankers who cashed in on a resurgence in dealmaking.
Traders bet on no further escalation of the conflict after Iran attack.
Outperformance may be limited in the latest season.
Even the leading countries' climate ambitions have stalled.
It's the latest step in trying to rebuild its financial hub status.
The bank raised its expense guidance for this year to about $91 billion.
The asset manager has acquired a stake in OpenAI.
Bullion is seen as a better hedge than government bonds.
Asset manager is reportedly in talks with Castlelake.
Pimco and others are weighing the prospects of the Fed standing firm.
